ruminant methane reduction industry insights, ruminant methane reduction market segments, ruminant methane reduction market research, ruminant methane reduction market top players, ruminant methane reduction industry trends, ruminant methane reduction market size
What is the present valuation and projected CAGR of the ruminant methane reduction market?
The ruminant methane reduction market size has grown strongly in recent years. It will grow from $2.6 billion in 2024 to $2.82 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to global climate initiatives, consumer demand for sustainability, increased government funding and incentives, the need for ruminant methane reduction, and stringent environmental regulations and policies.
The ruminant methane reduction market size is expected to see strong growth in the next few years. It will grow to $3.83 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to rising adoption of precision livestock farming (PLF), rising awareness and demand for sustainable livestock farming, growing awareness about climate change, and an increase in livestock population. Major trends in the forecast period include innovation in methane-inhibiting feed additives, gene editing and selective breeding, digital and IoT solutions for methane monitoring, sustainable agriculture certifications, and public and private partnerships.
Get Your Free Sample of The Global Ruminant Methane Reduction Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20947&type=smp
What key drivers have fueled the ruminant methane reduction market’s development over the years?
The increasing environmental concerns are expected to propel the growth of the ruminant methane reduction market going forward. Environmental concerns refer to issues related to the negative impact of human activities and industrial processes on the natural environment. The increasing awareness of climate change and the economic impacts of environmental damage are driving heightened environmental concerns, prompting both public advocacy and regulatory action to address these issues. Ruminant methane reduction addresses environmental concerns by targeting a significant source of greenhouse gas emissions, thereby mitigating climate change impacts and promoting more sustainable agricultural practices. For instance, in June 2024, according to the Office for National Statistics, a UK-based government department, UK greenhouse gas emissions on a residence basis rose by 1.2% between 2021 and 2022, reaching 506 million metric tons of carbon dioxide equivalent, with emissions from the transport sector surging by 39.6% during this period. Therefore, the increasing environmental concerns are driving the growth of the ruminant methane reduction market.
What is the segmentation for the ruminant methane reduction market?
The ruminant methane reduction market covered in this report is segmented –
1) By Product Type: Feed Additives Or Supplements; Dietary Supplements; Methane Inhibitors; Other Product Types
2) By Animal Type: Cattle; Sheep; Goats
3) By Distribution Channel: Direct Sales; Veterinary Clinics; Agricultural Cooperatives; Online Retailers; Specialty Stores
Subsegments:
1) By Feed Additives or Supplements: Probiotics; Yeast Culture; Tannins
2) By Dietary Supplements: Essential Oils; Seaweed Extracts; Fiber Supplements
3) By Methane Inhibitors: Chemical Methane Inhibitors; Plant-Based Methane Inhibitors; Enzyme-Based Methane Inhibitors
4) By Other Product Types: Fermentation Inhibitors; Nutritional Enhancers; Innovative Feed Formulations
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/ruminant-methane-reduction-global-market-report
Who are the most influential companies in the ruminant methane reduction market?
Major companies operating in the ruminant methane reduction market areCargill Incorporated, Yara International, Evonik Industries AG, Land O’Lakes Inc., Koninklijke DSM N.V., Nutreco N.V., Trouw Nutrition International B.V., Elanco Animal Health Incorporated, ForFarmers N.V., Alltech Coppens Aqua B.V., Lallemand Animal Nutrition, Phibro Animal Health Corporation, Volac International, Zinpro Corporation, Novus International Inc., AB Vista Limited, Calysta Inc., Agolin SA, Blue Ocean Barns Inc., CH4 Global Inc., FutureFeed Pty Ltd, Mootral SA, Rumin8 Ltd, Symbrosia Inc.
How will emerging trends drive the ruminant methane reduction market throughout the forecast period?
Major companies operating in the ruminant methane reduction market are focusing on developing innovative solutions, such as methane-reducing feed ingredients, to enhance the efficiency of their products and address environmental concerns. Methane-reducing feed ingredients refer to specialized additives or supplements incorporated into animal feed to reduce methane emissions from the digestive processes of ruminant animals such as cattle, sheep, and goats. For instance, in May 2024, Elanco Animal Health Incorporated, a US-based pharmaceutical company that produces medicines and vaccinations for pets and livestock, received approval from the U.S. Food and Drug Administration (FDA) for Bovaer, a first-in-class methane-reducing feed ingredient that can lower dairy cattle emissions by an average of 30% per cow per day. This groundbreaking approval marks the first time the FDA has authorized a product specifically designed to reduce enteric methane emissions from dairy cows. Containing the active ingredient 3-NOP, Bovaer works by inhibiting methane production during digestion, potentially reducing emissions by about 1.2 metric tons of CO2e annually per cow.
What are the major regional insights for the ruminant methane reduction market, and which region holds the top position?
North America was the largest region in the ruminant methane reduction market in 2024. The regions covered in the ruminant methane reduction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Ruminant Methane Reduction Market Report 2025 Offer?
The ruminant methane reduction market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Ruminant methane reduction refers to strategies and practices aimed at reducing the emission of methane gas produced by ruminant animals, such as cattle, sheep, and goats. These efforts are part of a broader attempt to reduce agriculture’s environmental impact, particularly in response to climate change concerns.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20947
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
